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Indian shares rise to 4-month highs Indian shares rose more than 1 percent on Thursday to their highest close in over four months on sustained buying in blue-chips such as ICICI Bank Ltd., ITC Ltd. and Hindustan Lever Ltd. 22 Sep 2006
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DLF puts off $ 3 billion IPO India's leading real estate company, DLF Universal Ltd. is withdrawing its draft initial public offer (IPO) prospectus, stating that the delay was due to getting clearance over minority shareholder issue and because the prospectus had become outdated. 05 Sep 2006
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Maruti Udyog buys out Suzuki's stake in MSAIL Leading car manufacturer, Maruti Udyog Ltd. has said it has bought Suzuki Motor Corporation's 30 percent stake in the joint venture, Maruti Suzuki Automobile India Ltd (MSAIL), for Rs. 12 crore, taking its total stake in MSAIL to 100 percent. 22 Jul 2006
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GM eyeing 10 percent market share in India by 2010 General Motors (India) is looking to produce and market its automobiles aggressively in India, Asia's second fastest growing market, with an aim to acquiring a market share of 10 percent by 2010. 19 Jul 2006
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Luxembourg to sell most of Arcelor stake The Luxembourg government plans to sell most of its shares in the country's steel firm, Arcelor SA, to rival Mittal Steel Co., a government spokesman said. 15 Jul 2006
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Won 18 percent of Arcelor shares: Mittal Mittal Steel Co. has said that it had won close to 18 percent of Arcelor SA shares on July 12, a day before its offer was to close. 15 Jul 2006
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Mittal to publish results of Arcelor offer Mittal Steel Co. plans to release the results of its euro 25.4 billion ($ 33 billion) offer for steel rival Arcelor SA on July 26, the company has said. 08 Jul 2006
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After Arcelor, it's India and China, hints Mittal Savoring the sweet taste of victory following the bitter five month long struggle with world's number two steelmaker, Arcelor, which tried all means to thwart Mittal's "unsolicited" takeover bid, Mittal Steel Co.'s chief, L.N. Mittal, has hinted that the new entity following the merger, Arcelor-Mittal, would now expand to India and China with "priority" to his home country. 05 Jul 2006
Critical vote awaits Arcelor-Severstal deal on Friday Today is a critical day for Russian steelmaker Severstal for shareholders of European steel group Arcelor will be asked to vote on a proposed Arcelor-Severstal merger. 30 Jun 2006
